The following information pertains to questions 27 through 30 below. On December 31, 2017, Wolf Limited purchased 60% of the voting shares of Sheep, Inc. for $75,000. The balance sheets of the two companies immediately after Wolf's acquisition are presented below. The book values of Sheep's identifiable assets and liabilities approximate their fair values. Cash Inventory Property, plant and equipment Investment in Sheep Total assets Wolf Shesn $90,000 $15,000 80,000 20,000 400,000 100,000 75,000 Accounts payable $160,000 $30,000 Common shares Retained earnings Total liabilities and shareholders' equity $645,000 $135,000 300,000 40,000 185000 65,000 Consolidated Total Assets as at December 31,2017 are a) $645,000. b) $651,000. c) $705,000. d) $780,000. e) None of the above. 27. Consolidated Retained Earnings as at December 31.2017 is a) $185,000. b) $224,000. e) $250,000. d) $485,000. e None of the above. 28. 29 Goodwll on the consolidated balance sheet as at December 31,2017 is a) SO. b) $12.000. c) $20,000 d) $30,000. c) None of the above 30. Non-controlling Interest on the consolidated balance shet as at December 31, 2017 is a) S0. b) $42,000. c) $50,000. d) $105,000. e) None of the above. Which of items a through d below is most likely to be considered a non-monetary liability? a) Inventory b) Deferred taxes. 31. c) Accounts payable. d) Unearned revenue. e) All of the above are non-monetary liabilities